at Northwestern University in

Evanston, Illinois, United States Job Description Job Opening Id:

54018

Department:

Salary/Grade:

EXS/13 The expected salary for this position is between $130,000 - $145,000 per year, in alignment with departmental equity and market data. •

PLEASE NOTE

Work Authorization sponsorship for this position will not be provided. Applicants must be legally authorized to work in the United States without the need for current or future sponsorship.

Job Summary:

The Director, Risk and Insurance manages Northwestern's insurance and risk finance programs, a complex operation involving commercial, captive and self-insurance mechanisms. The Director will manage primary day-to-day insurance and risk finance needs, strategically manage the risk finance programs, and manage the daily operations of Northwestern's captive insurance company, inclusive of assessing appropriateness of coverage for reported incidents and other matters. The Director will also lead broader risk management efforts, such serving as a consultant to campus partners, reviewing contract terms, claims management and certain budget and financial needs, and will collaborate with key stakeholders (e.g., Environmental Health and Safety, Facilities Management, etc.) to identify opportunities for loss prevention.

Specific Responsibilities:

Budget & Financial:

Ensures accurate financial transactions associated with insurance program. Assists in developing budgets and ongoing financial management of insurance programs. Reviews & reconciles actual expenses to budget in an audit-ready manner.

Insurance Management:

Create a highly performing insurance program. Support the insurance renewal process, including sourcing of information, completion of applications and submittal to insurance brokers in advance of departmental timeline. Ensures accuracy of data and information provided to insurance markets and implements qualitative/subjective insight into renewal submissions to improve University's position. Determine list of requested coverage enhancements by reviewing policies and identifying uninsured risk areas or conflicting policy wording. Ensures timely quotes are received from brokers. Reviews insurance quotes against expiring programs and makes recommendations based on findings and understanding of University risks. To view full details and how to apply, please login or create a Job Seeker account